The Ledger That Contains the Financial Statement Accounts of a Business

question 59

Multiple Choice

The ledger that contains the financial statement accounts of a business is the

• A) Columnar journal
• B) Accounts payable ledger
• C) General journal
• D) General ledger
• E) Subsidiary ledger

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Definitions:

Top-Down Processing

A cognitive process that uses pre-existing knowledge or expectations to interpret and understand sensory information.

Sensory Information

Data received by the senses (sight, hearing, touch, taste, and smell) that is processed by the brain.

Past Memory

The recall of information about previous events or experiences from an individual's life; often differentiated by episodic (personal events) and semantic (factual knowledge) memory.

Dissociation

A psychological experience of disconnection between thoughts, identity, consciousness, and memory.